SMCI Stock: Super Micro Computer Announces a New Smart City Deal


  • Super Micro Computer (SMCI) stock is falling despite a collaboration.
  • The company is working with and CVEDIA on smart city development.
  • The three will develop city monitoring software for customers.
SMCI Stock - SMCI Stock: Super Micro Computer Announces a New Smart City Deal

Source: rafapress /

Super Micro Computer (NASDAQ:SMCI) stock is on the move Tuesday after the server and storage solutions company announced a new smart city development deal.

Super Micro Computer is teaming up with and CVEDIA on a smart city solutions platform. This will make use of Super Micro’s edge appliances,’s “Machine Learning System on Chip” system and CVEDIA’s artificial intelligence (AI) video analytics solutions.

The combination of this technology will allow customers to better monitor their cities. That includes improved object detection, anomaly detection, vehicle classification and line crossing.

Elizabeth Samara-Rubio, Chief Business Officer of, said the following about the collaboration:

“’s mission is to help customers deploy high-performance AI/ML applications at the edge with a high bar for energy-efficiency and ease of use with partners […] We are pleased to introduce real-time AI/ML partner solution integrations such as CVEDIA’s library of reliable, affordable AI-based video analytics solutions to the market that will help customers scale their AI/ML edge development challenges effortlessly with one platform.”

SMCI Stock Movement Today

Despite news of the smart city collaboration effort, shares of SMCI stock are down 4.3% as of Tuesday morning. However, its shares are still up 211.3% since the start of the year.

It seems today’s news hasn’t inspired much interest from investors. As of this writing, only about 2.2 million shares have changed hands. For the record, the company’s daily average is about 11.1 million shares.

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On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.

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